Mexican Media Brands
McLaren Readies £1.2 Billion Product Push
British supercar maker McLaren Automotive Ltd. plans to launch 18 new or derivative models over the next seven years—almost all of them hybrid-powered—in a push to hike annual sales from 3,400 in 2017 to 6,000 by 2025.
#hybrid
Share
British supercar maker McLaren Automotive Ltd. plans to launch 18 new or derivative models over the next seven years—almost all of them hybrid-powered—in a push to hike annual sales from 3,400 in 2017 to 6,000 by 2025.
CEO Mike Flewitt says hybrid powertrains will be necessary to meet future emission standards in major markets worldwide. The iconic British company’s only hybrid model today is the P1 hypercar, which debuted five years ago.
McLaren announced the £1.2 billion ($1.6 billion) product initiative, called Track25, earlier today at the Goodwood Festival of Speed event in southern England. The targets expand on the company’s Track 22 plan to debut 15 new models by 2022, at least half of which were to get hybrid-electric power.
McLaren confirms it is developing a super-fast charging system with solid-state batteries. The technology is intended to allow future models to drive at racetrack speeds for 30 minutes between charges.
RELATED CONTENT
-
Rivian Gets Even More Money, Now From Ford
The electrification of automotive is serious business. This week it was announced that Ford is making a $500-million equity investment in Rivian.
-
Mahindra Automotive in America
Rick Haas has an impressive automotive resume, having held positions at Ford and Tesla and currently as the president and CEO of Mahindra Automotive North America.
-
What the VW ID. BUGGY Indicates
Volkswagen will be presenting a concept, the ID. BUGGY, a contemporary take on a dune buggy, based on the MEB electric platform that the company will be using for a wide array of production vehicles, at the International Geneva Motor Show.